Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.

In a landmark resolution, Binance, one of the world’s largest cryptocurrency exchanges, has secured court approval in a multi-billion dollar settlement. This event sparked renewed interest in the broader digital asset ecosystem. Meanwhile, a separate group of cryptos, known for their potential to deliver high returns during a bull run, has attracted significant attention among market participants, underscoring the volatility and vast opportunities within the dynamic world of digital currencies.

BlastUP Presale: The rising star that will continue the blasting revolution

Blast, the only Layer 2 blockchain with native returns for ETH and stablecoins, recently made waves in the crypto world with its staggering launch, reaching a staggering TVL of $1 billion in just one month. After the brilliant debut, a new major project based on this blockchain appears: BlastUP.

BlastUP is a groundbreaking launch pad ready to follow Blast’s path to roaring success, with plans to infuse Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive set of tools and a rich reward system for everyone who comes on board.

Currently, BlastUP is conducting its presale and offering BlastUP tokens at the lowest price. If you buy these tokens now for $0.04, you will get a big discount of 60% in the future as the listing price is set at $0.1.

>> Be one of the FIRST! Receive the exclusive benefits of BlastUP pre-sale <<

Holders of BlastUP tokens can enjoy a number of privileges, including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.

Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a unique launch pad for an easy and efficient launch into the crypto space.

BlastUP’s comprehensive roadmap extends to 2026 and outlines plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and establish the Community Marketplace.

>> Join the BlastUP presale NOW and get early benefits <<

Optimism (OP) could get a boost from EIP-4844 upgrade despite market neutral status
Now that the EIP-4844 upgrade is complete, one can reasonably imagine an increase in value for Optimism. The MACD recommending a sell is likely a short-term reaction, while the significantly positive 100-day Simple Moving Average at $2.92 suggests upside momentum could be restored, potentially pushing the price towards the first resistance level at $3.91 or even further to $4.92 in the future. long-term.

Nevertheless, maintaining a balanced view is crucial. According to RSI and stochastic indicators, the market appears to be in a neutral state, indicating that this is a potential accumulation period. But you can’t overlook the downside. If problems arise during the upgrade, the price could retreat to the $2.25 support level, or possibly even fall further to $1.60, wiping out current gains.

Arbitrum’s film production company can influence market trends

The recent adoption of Arbitrum by key players in film production could mean a significant publicity boost for the platform. This new venture could generate positive sentiment among market investors, potentially pushing prices past the current resistance at $2.28 to test the $2.80 level. Meanwhile, a consistent Simple Moving Average (SMA) of $1.57 suggests the possibility of a steady uptrend.

However, the short-term view shows signs of caution. Currently, trading volume is trending sideways with a sell recommendation from the Moving Average Convergence Divergence (MACD) and the 10-day SMA. These indicators suggest a bearish view on the short-term outlook, which could potentially push the price back to support levels of $1.37 or even $0.98 if market sentiment turns negative.

Polygon’s partnership with Chainers could boost MATIC’s market prospects

Polygon’s partnership with Chainers for its gaming push could catapult market sentiment. As per current readings, MATIC’s price is hovering around $1.00, with resistance at $0.98 and $1.18, comfortably supported at $0.64 and $0.50. Given the potential bullish environment reinforced by this alliance, one could expect a greater near-term tendency to break through resistance levels, supported by positive MACD and moving average indicators.

However, it remains crucial to recognize that while the expansion of the gaming industry is undoubtedly promising for tokens like MATIC, it is subject to volatility and immense competition. Long-term trends may fluctuate and success would depend on game adoption rates and continued interest. The current RSI indicates a neutral attitude. So it is wise to temper the runaway optimism and consider potential corrections or hurdles at the resistance levels, even if the SMA signals predict a buying action.

Mantle (MNT) Market Trend Analysis: Potential Rise and Fall Factors

Given current market data for Mantle (MNT), there is a chance that the uptrend continues to strengthen from the current price of $0.79. The strong buy signals from the MACD and the 10-day and 100-day Simple Moving Averages strengthen the potential to break through the $0.85 resistance level, potentially pushing MNT towards the second resistance level at $0.94.

Although optimism is fueled by buying signals, maintaining a balanced attitude is crucial. Neutral indications from the RSI and the Stochastic RSI Fast may reflect short-term market indecision. This signals a possible dip towards the $0.49 or even $0.40 support levels under certain market conditions. Remember that in cryptocurrency the battle between bull and bear is constantly changing and preparedness helps maintain resilience.

Conclusion

While the market regime for cryptos such as Optimism, Arbitrum, Polygon’s MATIC and Mantle may indicate potential returns, the BlastUP project is expected to have greater potential. This is not only due to its innovative web3 tools and rewards system, but also due to its place in the Blast ecosystem. While other coins have potential, BlastUP’s unique concept, combined with the benefits it offers investors, highlights its dominance in this digital asset arena.

Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io

Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.

Source: https://cryptobenelux.com/2024/02/25/l2-cryptos-voor-40x-winsten-tijdens-deze-bull-run/



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